Morningstar Fund Report  | 07/04/2025Print

Pictet-Water P dy GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Pictet-Water P dy GBP
Fund30.4-13.69.04.5-4.2
+/-Cat6.7-1.3-0.30.3-1.4
+/-B’mrk-3.1-2.40.3-2.9-4.0
 
Category: Sector Equity Water
Category Benchmark: S&P Global Water TR
Key Stats
NAV
07/04/2025		 GBP 388.61
Day Change -3.30%
Morningstar Category™ Sector Equity Water
IA (formerly IMA) Sector Commodities and Natural Resources
ISIN LU0366531837
Fund Size (Mil)
04/04/2025		 EUR 7257.52
Share Class Size (Mil)
04/04/2025		 GBP 14.57
Max Initial Charge 5.00%
Ongoing Charge
07/02/2025		  1.99%
Investment Objective: Pictet-Water P dy GBP
To increase the value of your investment while seeking to achieve a positive environmental and / or social impact. The Fund applies a sustainable strategy and invests in equities issued by companies operating in the water and air sector. The Fund invests at least two-thirds of its net assets in companies operating in the water sector and providing solutions to global water challenges. The Fund is targeting companies that are providing technologies to improve water quality, maximize water efficiency or increase the number of households connected to water services.
Returns
Trailing Returns (GBP)07/04/2025
YTD-9.88
3 Years Annualised-0.05
5 Years Annualised7.68
10 Years Annualised7.76
12 Month Yield 0.00
Dividend Paying Frequency Annually
Management
Manager Name
Start Date
Louis Veilleux
01/09/2018
Cédric Lecamp
01/09/2018
Click here to see others
Inception Date
03/06/2008

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR EURS&P Global Water TR
Portfolio Profile for  Pictet-Water P dy GBP28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.220.0099.22
Bond0.040.000.04
Property0.000.000.00
Cash1.060.320.74
Other0.000.000.00
Top 5 Regions%
United States67.98
Canada13.09
United Kingdom6.36
Europe - ex Euro5.01
Eurozone3.52
Top 5 Sectors%
Industrials67.91
Utilities14.75
Basic Materials9.19
Healthcare6.84
Technology1.31
Top 5 HoldingsSector%
Republic Services IncIndustrialsIndustrials5.54
Waste Connections IncIndustrialsIndustrials4.44
Xylem IncIndustrialsIndustrials4.43
Ecolab IncBasic MaterialsBasic Materials4.41
Pentair PLCIndustrialsIndustrials4.09
Increase Decrease New since last portfolio
Pictet-Water P dy GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  Pictet-Water P dy GBP
Category:  Sector Equity Water
Category Index:  S&P Global Water TR
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-8.0727.839.8630.44-13.639.044.52-4.17
+/- Category1.632.88-2.496.65-1.32-0.290.26-1.42
+/- Category Index-4.36-1.51-3.15-3.07-2.370.26-2.88-3.99
% Rank in Category2432751874625568
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-3.30   -0.73-0.74
1 Week-5.96   -1.25-2.15
1 Month-8.04   -1.85-3.63
3 Months-10.03   -1.72-5.75
6 Months-12.13   -1.50-4.79
YTD-9.88   -2.01-5.79
1 Year-12.77   -1.95-11.37
3 Years Annualised-0.05   0.32-3.26
5 Years Annualised7.68   -1.50-4.79
10 Years Annualised7.76   0.78-2.79
 
Category: Sector Equity Water
Category Index: S&P Global Water TR
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.17---
20249.41-4.321.66-1.78
20231.440.39-2.099.35
2022-9.72-9.695.380.52
20213.278.525.939.88
2020-15.2617.487.282.86
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageLow2 star
5-YearBelow AverageBelow Average2 star
10-YearAverageBelow Average3 star
Overall*AverageBelow Average3 star
 
Category :  Sector Equity WaterClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.58 %
3-Yr Mean Return2.38 %
 
3-Yr Sharpe Ratio-0.12
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 S&P Global Water TR  Morningstar Gbl SMID NR USD
3-Yr Beta0.810.91
3-Yr Alpha-3.51-2.36
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)EUR 22872-
Market Capitalisation% of Equity
Giant0.00
Large38.35
Medium45.24
Small15.58
Micro0.83
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings22.381.15
Price/Book3.571.16
Price/Sales2.251.24
Price/Cash Flow14.641.16
Dividend-Yield Factor1.460.77
 
Long-Term Projected Earnings Growth11.061.01
Historical Earnings Growth13.251.04
Sales Growth5.901.07
Cash-Flow Growth10.200.86
Book-Value Growth9.101.20
 
Category: Sector Equity Water
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.220.0099.22
Bond0.040.000.04
Property0.000.000.00
Cash1.060.320.74
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States67.981.12
Canada13.092.93
Latin America3.211.45
United Kingdom6.360.66
Eurozone3.520.35
Europe - ex Euro5.010.70
Europe - Emerging0.00-
Africa0.00-
Middle East0.000.00
Japan0.840.22
Australasia0.000.00
Asia - Developed0.000.00
Asia - Emerging0.000.00
 
Category: Sector Equity Water
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials9.191.14
HealthcareHealthcare6.841.26
UtilitiesUtilities14.750.93
IndustrialsIndustrials67.911.04
TechnologyTechnology1.310.42
 
Category: Sector Equity Water
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings44
Total Number of Bond Holdings0
Assets in Top 10 Holdings41.94
NameSectorCountry% of Assets
Republic Services Inc310United States5.54
Waste Connections Inc310Canada4.44
Xylem Inc310United States4.43
Ecolab Inc101United States4.41
Pentair PLC310United States4.09
Ferguson Enterprises Inc310United States4.05
Thermo Fisher Scientific Inc206United States4.03
Core & Main Inc Class A310United States3.78
Waste Management Inc310United States3.62
GFL Environmental Inc310Canada3.55
 
Increase Decrease New since last portfolio
Category: Sector Equity Water
 
Management
Name of CompanyPictet Asset Management (Europe) SA
Phone+352 467 171-1
Websitewww.am.pictet
Address15, avenue J.F. Kennedy
 Luxembourg   L-1855
 Luxembourg
DomicileLuxembourg
Legal StructureSICAV
UCITSYes
Inception Date03/06/2008
Fund Advisor(s)
Pictet Asset Management SA
Fund ManagerLouis Veilleux
Manager Start Date01/09/2018
Fund ManagerCédric Lecamp
Manager Start Date01/09/2018
Fund ManagerOla Obanubi
Manager Start Date01/01/2022
Fund ManagerCharlie Carnegie
Manager Start Date01/01/2023
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*1.00%
Annual Charges
Max Annual Management Charge2.40%
Ongoing Charge1.99%
Purchase Details
Minimum Investments
Initial-
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes